High-impact S&P Global PMI data arrives today, Tuesday, at 9:45 am EST. In two days, Thursday features jobless claims at 8:30 am EST and a heavy slate of Fed speakers. Friday's 10:00 am EST inflation expectations are critical for rate outlooks. Traders should monitor today's 9:45 am EST release for USD volatility; if services remain resilient, expect hawkish rhetoric. Tighten stops around Thursday’s claims to manage risk during high-impact labor updates.
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Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications.